- HK Stock
- Futures
- US stock
| 1. What type of accounts can be opened? |
| 2. How do I open an account for online trading? |
| 3. Who can perform the Witness Signature? |
| 4. If I open the trading account through online channel, how could I get the information regarding to the risk involved in the account opening? |
| 5. What type of stocks can I trade? |
| 6. If I am not a Hong Kong citizen, can I still open an account? |
| 7. What documents/proofs are needed to open an account? |
| 8. Do I need to pay any fees for account opening? |
| 9. How long does it take to open an account? |
| 10. How would I know that my account has been successfully opened? |
| 1. What type of accounts can be opened? |
|
We offer cash and margin accounts.
Cash account clients can only trade with the amount of fund available in their accounts. Margin account clients need to deposit a certain amount of fund into their accounts. We will provide a margin loan to the margin account based on client assessment and the margin ratio of client's securities holding. Client's securities will be held in custody with First Shanghai as collateral. As the price of securities may fluctuate, we reserve the right to request a margin client to deposit additional fund or securities if his/her margin position fell below the maintenance level. |
| 2. How do I open an account for online trading? |
|
Press Account Opening on the top right hand corner, fill in your personal information and we will contact you shortly for account opening. Alternatively, you may come to our office in person, bringing along the necessary supporting documents to open an account. Our office address is: First Shanghai Securities Limited |
| 3. Who can perform the Witness Signature? |
| Witness signature should be preformed by our company’s staffs, notary public or professionals, such as lawyer or certified public accountant. |
| 4. If I open the trading account through online channel, how could I get the information regarding to the risk involved in the account opening? |
| If clients open the account online, our Hong Kong CS officers will make a phone call to explain the account opening’s Risk Disclosure Statement to clients. In the meantime, clients can seek independent professional’s advice. |
| 5. What type of stocks can I trade? |
| At present, clients can trade Hong Kong, China B shares, Taiwan, Singapore and US 's stock in First Shanghai Securities Limited (FSSL) |
| 6. If I am not a Hong Kong citizen, can I still open an account? |
|
We welcome clients from all around the world. If you wish to open an individual cash account, please click Account Opening on the top right corner of our website. |
| 7. What documents/proofs are needed to open an account? |
|
For Individual/Joint Account For Corporate Account * Please have all documents signed and marked “Certified True Copy” |
| 8. Do I need to pay any fees for account opening? |
| It is completely free of charge to open an account with us. There will be no annual fee nor initial deposit. However, clients have to ensure that there is enough fund in his/her account before trading. |
| 9. How long does it take to open an account? |
| It depends on how promptly you send back the signed Account Opening Information Form and Client Account Agreement to us. It may take as little as one business day. |
| 10. How would I know that my account has been successfully opened? |
| Upon successful account opening, we will inform you the Login Username and Password by email or mail. |
|
1. How can I open a futures trading account? |
||||||||||
1. How can I open a futures trading account? |
||||||||||
|
Press Account Opening on the top right hand corner, fill in your personal information and we will contact you shortly for account opening. Alternatively, you may come to our office in person, bringing along the necessary supporting documents to open an account. Our office address is:, First Shanghai Futures Limited |
||||||||||
2. Do I need to pay any deposit or fees to open an account? |
||||||||||
| You do not need to pay any deposit or fees when opening a futures trading account. However, before trading, you must have 100% of initial margin in your account. When closing out the position, the initial margin or the difference will be credited back to your account. | ||||||||||
3. I am a client of First Shanghai Securities Limited, can I use this account to trade futures? |
||||||||||
| No. First Shanghai Securities Limited and First Shanghai Futures Limited are two independent companies. First Shanghai Securities Limited provides securities trading services, while First Shanghai Futures Limited provides future trading services. Clients have to open a futures trading account to trade futures. |
||||||||||
4. What kind of futures and options products can I trade? |
||||||||||
|
First Shanghai Futures Limited provides the following products for trading:
|
||||||||||
5. I have opened a futures trading account at First Shanghai, can I use the online futures trading system? |
||||||||||
|
If you are a client of First Shanghai Futures Limited, all you need to do is to sign and return the original copy of Supplemental Agreement for Internet Trading, in order to use the online futures trading system. We will process your request and inform you of the login details individually. The agreement can be downloaded in Useful Forms section, or you may contact your account executive for a copy. |
||||||||||
6. I have opened a futures trading account at First Shanghai, can I trade global futures? |
||||||||||
| Existing clients of First Shanghai intending to trade global futures are required to sign and return the Risk Disclosure Statement for Commodities and Derivatives Products and Securities Law Disclaimer to your account executive or post it to our Settlement Department, the address is: 19/F, Wing On House, 71 Des Voeux Road Central, Central, Hong Kong |